Pictet North America Advisors SA

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Pictet North America Advisors SA reported 142 stock positions worth $1.0 billion. Its top holding was Burford Capital (BUR) at 10.0% of the portfolio, followed by iShares MSCI Japan ETF (EWJ, 5.3%) and Microsoft (MSFT, 4.0%). Compared with Q2 2024, it opened 5 new positions, sold out of 2, added to 64 and reduced 25. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +181%) and the biggest sale an exit from Wisdomtree Japan Hedged Eq (DXJ).

Most Recent 13F
Q2 2026
Location
GENEVA 73, V8
CIK
0001599576
Portfolio Value
$1.0B (Q3 2024)
SEC Filing
0001599576-24-000006 ↗ filed Oct 22, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $895.6M Q1 2024 Q2 2024: $920.9M Q2 2024 Q3 2024: $1.0B $1.0B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $996.5M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 142 stocks · $1.0B
BUR Burford Capital Ltd. 10.05% 7,647,727 $101.5M No change
EWJ iShares MSCI Japan ETF 5.25% 741,537 $53.0M Add +20.6%
MSFT Microsoft Corp. 4.02% 94,699 $40.6M Add +0.6%
IEF iShares 7-10 Year Treasury B 3.85% 396,649 $38.9M Add +180.9%
TSM Taiwan Semiconductor-SP ADR 3.83% 223,042 $38.7M Add +1.4%
GLD SPDR Gold Shares 3.03% 126,421 $30.6M Reduce -14.5%
AMZN Amazon.com Inc. 2.89% 156,492 $29.2M Add +0.7%
CP Canadian Pacific Kansas City 2.66% 313,041 $26.9M Add +2.2%
GOOGL Alphabet Inc. Class A 2.54% 154,687 $25.7M Add +0.7%
SONY Sony Group Corp. - SP ADR 2.33% 243,975 $23.6M Add +19.4%
YUMC Yum China Holdings Inc. 2.26% 507,658 $22.8M Add +35.5%
ALC Alcon Inc. filed as ALCON AG 2.25% 227,445 $22.7M Add +1.3%
META Meta Platforms Inc. Class A 2.17% 38,235 $21.9M Add +1.6%
SIHY Harbor Ares Systemt Hi YD-US 1.84% 398,316 $18.6M Reduce -0.2%
UBS UBS Group AG-Reg 1.75% 572,355 $17.7M Reduce -13.6%
EEM iShares MSCI Emerging Market 1.73% 380,273 $17.4M Reduce -2.4%
JPM JPMorgan Chase & Co. 1.69% 81,007 $17.1M Add +1.1%
V Visa Inc. Class A 1.61% 59,339 $16.3M Add +1.3%
VGIT Vanguard Intermediate-Term T 1.54% 256,719 $15.5M Reduce -4.4%
BSV Vanguard Short-Term Bond ETF 1.50% 192,147 $15.1M Reduce -5.6%
SPGI S&P Global Inc. 1.47% 28,715 $14.8M Add +1.1%
MCD McDonald's Corp. 1.45% 48,121 $14.7M Add +0.9%
AAPL Apple Inc. 1.38% 60,031 $14.0M Reduce -0.9%
PYLD PIMCO Multisector Bond Actv 1.34% 509,478 $13.6M Reduce -6.0%
BRK.B Berkshire Hathaway Inc. Class B 1.31% 28,668 $13.2M Add +1.0%
VT Vanguard Tot World STK ETF 1.25% 105,689 $12.7M Reduce -0.5%
AIRR First Trust Rba American Ind 1.23% 166,166 $12.4M Add +56.1%
ICVT iShares Convertible Bond ETF 1.22% 147,384 $12.3M Add +1.5%
PG The Procter & Gamble Co. 1.20% 70,256 $12.2M Add +0.7%
UNH Unitedhealth Group Inc. 1.12% 19,385 $11.3M Reduce -4.8%
OTIS Otis Worldwide Corp. 1.10% 106,987 $11.1M Add +1.1%
IXN iShares Global Tech ETF 1.08% 132,503 $10.9M Add +0.0%
HES Hess Corp. 1.07% 79,929 $10.9M New
URTH iShares MSCI World ETF 0.97% 62,460 $9.8M Add +2.0%
BRO Brown & Brown Inc. 0.92% 90,185 $9.3M Add +1.6%
VWOB Vanguard Emerg MKTS Gov BND 0.87% 131,833 $8.7M Add +9.1%
XLV SS Health Care Select Sector 0.81% 53,207 $8.2M Add +0.2%
MA Mastercard Inc. Class A 0.76% 15,488 $7.6M Add +1.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.74% 142,797 $7.5M Reduce -6.0%
EWQ iShares MSCI France ETF 0.74% 185,431 $7.5M Add +0.6%
NVO Novo-Nordisk A/S-Spons ADR 0.65% 55,302 $6.6M Add +0.1%
BSX Boston Scientific Corp. 0.63% 76,290 $6.4M Add +1.4%
GE General Electric filed as GE AEROSPACE 0.63% 33,674 $6.4M Add +18.0%
LLY Eli Lilly & Co. 0.62% 7,046 $6.2M Add +0.2%
MU Micron Technology Inc. 0.61% 59,653 $6.2M Add +1.3%
HD Home Depot Inc. 0.54% 13,422 $5.4M Add +1.9%
TMO Thermo Fisher Scientific Inc. 0.54% 8,743 $5.4M Reduce -0.3%
FAST Fastenal Co. 0.53% 75,590 $5.4M Add +1.4%
GOOG Alphabet Inc. Class C 0.53% 31,912 $5.3M Reduce -0.3%
ASML ASML Holding NV-NY Reg SHS 0.49% 5,929 $4.9M Add +15.0%
NVDA Nvidia Corp. 0.49% 40,590 $4.9M Add +15.3%
AMD Advanced Micro Devices 0.44% 27,268 $4.5M Add +18.8%
ORLY O'reilly Automotive Inc. 0.43% 3,742 $4.3M Add +1.3%
VGK Vanguard Ftse Europe ETF 0.42% 59,649 $4.2M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 7,053 $4.0M Add +2.9%
ADP Automatic Data Processing 0.40% 14,545 $4.0M Add +324.7%
UNP Union Pacific Corp. 0.39% 15,976 $3.9M Add +1.5%
EWL iShares MSCI Switzerland ETF 0.39% 75,081 $3.9M Reduce -5.5%
IYR iShares US Real Estate ETF 0.38% 37,434 $3.8M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.37% 32,093 $3.8M Reduce -24.2%
INDA iShares MSCI India ETF 0.36% 62,937 $3.7M Reduce -1.2%
VCIT Vanguard Int-Term Corporate 0.36% 43,524 $3.6M Add +1.5%
CME Cme Group Inc. 0.35% 16,228 $3.6M Add +0.4%
PM Philip Morris International 0.33% 27,393 $3.3M Reduce -0.2%
EWU iShares MSCI United Kingdom 0.31% 83,981 $3.1M Add +8.9%
LOGI Logitech International-Reg 0.31% 34,875 $3.1M Add +2.5%
CB Chubb Ltd. 0.30% 10,588 $3.1M Add +3.2%
EZU iShares MSCI Eurozone ETF 0.30% 57,223 $3.0M No change
CRM Salesforce Inc. 0.26% 9,748 $2.7M New
LIN Linde PLC 0.26% 5,483 $2.6M Add +0.3%
ADBE Adobe Inc. 0.26% 5,033 $2.6M Add +798.8%
AZN Astrazeneca PLC-Spons ADR 0.23% 30,425 $2.4M No change
VSS Vanguard Ftse All Wo X-US SC 0.23% 18,581 $2.3M Reduce -9.0%
AVGO Broadcom Inc. 0.22% 13,000 $2.2M Add +4.8%
IGF iShares Global Infrastructur 0.22% 40,752 $2.2M No change
ALGN Align Technology Inc. 0.20% 8,143 $2.1M Add +1.1%
DHR Danaher Corp. 0.20% 7,414 $2.1M Add +0.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.20% 47,612 $2.0M Reduce -3.4%
ACWI iShares MSCI Acwi ETF 0.20% 16,595 $2.0M No change
VNQI Vanguard GLBL Ex-US Real Est 0.19% 40,022 $1.9M No change
QQQ Invesco QQQ Trust Series 1 0.19% 3,846 $1.9M Add +35.1%
EWT iShares MSCI Taiwan ETF 0.17% 32,409 $1.7M No change
VWO Vanguard Ftse Emerging Marke 0.15% 32,014 $1.5M Add +12.3%
CMG Chipotle Mexican Grill Inc. 0.15% 26,000 $1.5M No change
XLE SS Energy Select Sector 0.14% 16,507 $1.4M No change
BX Blackstone Inc. 0.13% 8,800 $1.3M No change
PH Parker Hannifin Corp. 0.13% 2,060 $1.3M No change
IEUS iShares MSCI Europe Small-Ca 0.13% 21,221 $1.3M No change
RTX RTX Corp. 0.12% 10,331 $1.3M Reduce -4.6%
ZTS Zoetis Inc. 0.12% 6,210 $1.2M No change
ICE Intercontinental Exchange Inc. 0.12% 7,313 $1.2M Add +14.1%
TXN Texas Instruments Inc. 0.11% 5,600 $1.2M No change
DFUV Dimensional US Marketwide Va 0.11% 25,825 $1.1M No change
LEMB iShares JP Morgan Em Local C 0.10% 27,014 $1.0M Add +1.8%
RSP Invesco S&P 500 Equal Weight 0.10% 5,690 $1.0M No change
NEE Nextera Energy Inc. 0.09% 11,250 $951K Add +8.9%
QCOM Qualcomm Inc. 0.09% 5,500 $935K No change
MRK Merck & Co. Inc. 0.08% 7,529 $855K Add +2.1%
AMAT Applied Materials Inc. 0.08% 4,033 $812K Add +1.2%
HON Honeywell International Inc. 0.07% 3,575 $739K No change
BLK BlackRock Finance Inc. 0.07% 760 $722K Add +6.9%
XLK SS Technology Select Sector 0.07% 3,187 $719K No change
JNJ Johnson & Johnson 0.07% 4,295 $696K Add +21.0%
EIDO iShares MSCI Indonesia ETF 0.06% 27,659 $622K No change
COST Costco Wholesale Corp. 0.06% 637 $565K Add +6.2%
INCO Columbia India Consumer ETF 0.05% 7,182 $553K No change
ORCL Oracle Corp. 0.05% 3,191 $544K No change
HDB HDFC Bank Ltd.-ADR 0.05% 8,464 $530K No change
ISRG Intuitive Surgical Inc. 0.05% 1,049 $515K No change
XLP SS Consumer Staples Sel Sect 0.05% 6,139 $510K No change
CBRE CBRE Group Inc. Class A 0.05% 3,893 $485K No change
IVW iShares S&P 500 Growth ETF 0.05% 4,872 $466K No change
PEP Pepsico Inc. 0.04% 2,600 $442K Reduce -10.3%
TCOM Trip.com Group Ltd.-ADR 0.04% 7,413 $441K No change
EWC iShares MSCI Canada ETF 0.04% 10,553 $438K No change
SDY SS SPDR S&P Dividend ETF 0.04% 2,682 $381K No change
THD iShares MSCI Thailand ETF 0.04% 5,488 $380K No change
BIDU Baidu Inc. - Spon ADR 0.04% 3,605 $380K No change
CSCO Cisco Systems Inc. 0.04% 7,151 $379K Add +1.1%
CNYA iShares MSCI China A ETF 0.04% 12,354 $375K Reduce -7.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 2,133 $372K No change
CTAS Cintas Corp. 0.04% 1,780 $366K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.03% 3,275 $344K Add +3.1%
TTE Totalenergies SE -Spon ADR 0.03% 5,046 $326K No change
EWA iShares MSCI Australia ETF 0.03% 11,741 $318K No change
VNM Vaneck Vietnam ETF 0.03% 24,178 $309K No change
AME Ametek Inc. 0.03% 1,700 $292K Reduce -69.5%
EWG iShares MSCI Germany ETF 0.03% 8,380 $284K No change
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,104 $262K No change
CG The Carlyle Group Inc. 0.03% 5,950 $256K No change
IYJ iShares U.S. Industrials ETF 0.03% 1,891 $253K No change
XLF SS Financial Select Sector 0.02% 5,467 $248K No change
CVX Chevron Corp. 0.02% 1,645 $242K Reduce -96.8%
WMT Walmart Inc. 0.02% 3,000 $242K No change
AN Autonation Inc. 0.02% 1,320 $236K No change
DEO Diageo PLC-Sponsored ADR 0.02% 1,653 $232K No change
IWM iShares Russell 2000 ETF 0.02% 1,036 $229K No change
CQQQ Invesco China Technology ETF 0.02% 5,462 $225K New
ROP Roper Technologies Inc. 0.02% 401 $223K Add +11.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 2,746 $222K New
OEF iShares S&P 100 ETF 0.02% 765 $212K No change
DE Deere & Co. 0.02% 500 $209K New

Portfolio Sells Q2 2024 → Q3 2024
DXJ Wisdomtree Japan Hedged Eq Sold out 0.00% −1.09
CVX Chevron Corp. Reduce -96.8% 0.02% −0.85
EOG EOG Resources Inc. Sold out 0.00% −0.44
GLD SPDR Gold Shares Reduce -14.5% 3.03% −0.41
UBS UBS Group AG-Reg Reduce -13.6% 1.75% −0.37
BSV Vanguard Short-Term Bond ETF Reduce -5.6% 1.50% −0.20
PYLD PIMCO Multisector Bond Actv Reduce -6.0% 1.34% −0.17
VGIT Vanguard Intermediate-Term T Reduce -4.4% 1.54% −0.16
TJX TJX Companies Inc. Reduce -24.2% 0.37% −0.13
SIHY Harbor Ares Systemt Hi YD-US Reduce -0.2% 1.84% −0.12
GOOG Alphabet Inc. Class C Reduce -0.3% 0.53% −0.11
IGSB iShares 1-5Y Inv Grade Corp. Reduce -6.0% 0.74% −0.10
EEM iShares MSCI Emerging Market Reduce -2.4% 1.73% −0.08
AME Ametek Inc. Reduce -69.5% 0.03% −0.07
SLB SLB Ltd. Reduce -3.4% 0.20% −0.05
VT Vanguard Tot World STK ETF Reduce -0.5% 1.25% −0.05
VSS Vanguard Ftse All Wo X-US SC Reduce -9.0% 0.23% −0.03
EWL iShares MSCI Switzerland ETF Reduce -5.5% 0.39% −0.03
VGK Vanguard Ftse Europe ETF Reduce -2.0% 0.42% −0.02
INDA iShares MSCI India ETF Reduce -1.2% 0.36% −0.02
PEP Pepsico Inc. Reduce -10.3% 0.04% −0.01
UNH Unitedhealth Group Inc. Reduce -4.8% 1.12% −0.00
AAPL Apple Inc. Reduce -0.9% 1.38% −0.00
CNYA iShares MSCI China A ETF Reduce -7.9% 0.04% +0.00
RTX RTX Corp. Reduce -4.6% 0.12% +0.01
TMO Thermo Fisher Scientific Inc. Reduce -0.3% 0.54% +0.01
PM Philip Morris International Reduce -0.2% 0.33% +0.03

Portfolio Buys Q2 2024 → Q3 2024
IEF iShares 7-10 Year Treasury B Add +180.9% 3.85% +2.42
HES Hess Corp. New 1.07% +1.07
YUMC Yum China Holdings Inc. Add +35.5% 2.26% +1.01
EWJ iShares MSCI Japan ETF Add +20.6% 5.25% +0.69
SONY Sony Group Corp. - SP ADR Add +19.4% 2.33% +0.45
AIRR First Trust Rba American Ind Add +56.1% 1.23% +0.44
ADP Automatic Data Processing Add +324.7% 0.40% +0.31
CRM Salesforce Inc. New 0.26% +0.26
ADBE Adobe Inc. Add +798.8% 0.26% +0.22
GE General Electric Add +18.0% 0.63% +0.14
MCD McDonald's Corp. Add +0.9% 1.45% +0.13
META Meta Platforms Inc. Class A Add +1.6% 2.17% +0.10
SPGI S&P Global Inc. Add +1.1% 1.47% +0.09
ALC Alcon Inc. Add +1.3% 2.25% +0.07
BRO Brown & Brown Inc. Add +1.6% 0.92% +0.06
BRK.B Berkshire Hathaway Inc. Class B Add +1.0% 1.31% +0.05
HD Home Depot Inc. Add +1.9% 0.54% +0.05
VWOB Vanguard Emerg MKTS Gov BND Add +9.1% 0.87% +0.04
AMD Advanced Micro Devices Add +18.8% 0.44% +0.04
QQQ Invesco QQQ Trust Series 1 Add +35.1% 0.19% +0.04
MA Mastercard Inc. Class A Add +1.8% 0.76% +0.03
FAST Fastenal Co. Add +1.4% 0.53% +0.03
CQQQ Invesco China Technology ETF New 0.02% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.02% +0.02
ICE Intercontinental Exchange Inc. Add +14.1% 0.12% +0.02
DE Deere & Co. New 0.02% +0.02
EWU iShares MSCI United Kingdom Add +8.9% 0.31% +0.02
CB Chubb Ltd. Add +3.2% 0.30% +0.02
VWO Vanguard Ftse Emerging Marke Add +12.3% 0.15% +0.02
NVDA Nvidia Corp. Add +15.3% 0.49% +0.02
NEE Nextera Energy Inc. Add +8.9% 0.09% +0.01
JNJ Johnson & Johnson Add +21.0% 0.07% +0.01
BLK BlackRock Finance Inc. Add +6.9% 0.07% +0.01
CME Cme Group Inc. Add +0.4% 0.35% +0.01
AVGO Broadcom Inc. Add +4.8% 0.22% +0.01
DHR Danaher Corp. Add +0.3% 0.20% +0.00
BSX Boston Scientific Corp. Add +1.4% 0.63% +0.00
ORLY O'reilly Automotive Inc. Add +1.3% 0.43% +0.00
UNP Union Pacific Corp. Add +1.5% 0.39% +0.00
CSCO Cisco Systems Inc. Add +1.1% 0.04% +0.00
IFF Intl Flavors & Fragrances Add +3.1% 0.03% +0.00
CP Canadian Pacific Kansas City Add +2.2% 2.66% +0.00
COST Costco Wholesale Corp. Add +6.2% 0.06% +0.00
LEMB iShares JP Morgan Em Local C Add +1.8% 0.10% +0.00
ROP Roper Technologies Inc. Add +11.4% 0.02% +0.00
LIN Linde PLC Add +0.3% 0.26% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +2.9% 0.40% −0.00
OTIS Otis Worldwide Corp. Add +1.1% 1.10% −0.01
ALGN Align Technology Inc. Add +1.1% 0.20% −0.01
URTH iShares MSCI World ETF Add +2.0% 0.97% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 154$1.1BTSM, GLD, GOOGL, AZN, MSFT
Q1 2026 154$1.0BGLD, TSM, AZN, GOOGL, SONY
Q4 2025 152$1.1BBUR, GLD, TSM, GOOGL, MSFT
Q3 2025 144$1.1BBUR, GLD, TSM, SIHY, MSFT
Q2 2025 144$996.5MBUR, GLD, MSFT, SIHY, TSM
Q1 2025 140$1.0BBUR, GLD, EWJ, SIHY, MSFT
Q4 2024 146$1.1BBUR, EWJ, TSM, MSFT, AMZN
Q3 2024 142$1.0BBUR, EWJ, MSFT, IEF, TSM
Q2 2024 139$920.9MBUR, EWJ, MSFT, TSM, GLD
Q1 2024 141$895.6MBUR, EWJ, MSFT, GLD, TSM